Capital Markets Union project provides chance to include ESG within fiduciary duty

Capital Markets Union project provides chance to include ESG within fiduciary duty l Investment & Pensions Europe

By Susanna Rust, February 18, 2016

  • The Principles for Responsible Investment (PRI) has recommended that the European Commission use its Capital Markets Union (CMU) project as an opportunity to clarify that fiduciary duty requires that asset owners pay attention to long-term factors, including ESG, in their decision-making.